Plan Ledger DOL Form 5500 · updated monthly

Maidpro Franchise LLC401(k)

MAIDPRO FRANCHISE LLC 401(K) PROFIT SHARING PLAN & TRUST · BOSTON, MA · plan year 2022

Reported admin expense ratio · 2022
0.59%

Peer grade: C+ · admin costs + employer contributions vs same-size plans · how grading works

Maidpro Franchise LLC reported $19,172 in plan administrative expenses for 2022: 0.59% of average plan assets, above the peer median. Employer contributions averaged $1,020 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Massachusetts (2,522nd of 2,726), and 10,650th of 11,654 in professional & technical services. In 2022, employees put in $5.82 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,687,698
Participants with balances61
Active participants86
Employer contributions$87,729
Employee contributions$510,181
Employer contribution per active participant$1,020
Average account balance$44,061
Benefits paid to participants$1,032,211
Plan auditUnmodified (clean) audit opinion
AuditorDOEREN MAYHEW
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$7,290
Investment management$11,882
Total administrative$19,172
The Maidpro Franchise LLC 401(k) match · 2022
Employer contribution per active participant$1,020
Median for plans this size$1,114

Maidpro Franchise LLC's 2022 employer contribution ran below the $1,114 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$19,172 · 0.59%
Similar plansProfessional & Technical Services · Massachusetts
Nference, Inc. MA$3.0M · 0.02%
Vivitide, LLC MA$3.0M · 0.97%
Idylwilde Farm Inc MA$2.9M · 0.62%
Gavin Foundation Inc MA$2.6M · 0.31%
Biobot Analytics MA$2.6M · 0.17%
McR Labs LLC MA$2.0M · 0.77%

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Source: U.S. Department of Labor, Form 5500 series, EIN 043304072 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.